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SBA 7(a)Active, details exempt

C Morris and Associates, LLC

SMITHFIELD, NCAssociated Bank National AssociationHome Health Care Services · NAICS 621610
APPROVAL AMOUNT
$102,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2020-08-28
5.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,120
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$32,358
over 10 yrs
TOTAL REPAID
$134,358

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION
SMITHFIELD, NC 27577
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
SMITHFIELD, NC 27577

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